Boeing Posts Big Numbers in First Quarter 2015 Earnings Report

[Avionics Today 04-22-2015] Boeing released strong first quarter 2015 results with revenue reaching $22.1 billion, an 8 percent increase over the same period in 2014, which the company attributes to higher commercial aircraft deliveries. The backlog for the quarter is reported at $495 billion with more than 5,700 commercial airplane orders. Looking ahead to the remainder of 2015, Boeing reaffirmed its financial and deliveries outlook.

"Our outlook for the full year remains positive as our teams work to efficiently deliver our portfolio of industry-leading aerospace products and services. We are also maximizing the expertise of our talented people across the company to accelerate development program milestones and improve affordability for our customers," said Boeing Chairman and CEO Jim McNerney.